RBA allots equity shares and warrants via preferential issue

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RBA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.5%Reaction day

₹68.35

prior close

₹68.74

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.2%-0.7% vs market

Restaurants peers, median of 11sector+1.1%-1.6% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 1.6 pts less than its Restaurants peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-0.6

15m

-0.9

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5+0.2-0.7+1.1-1.6

Next day

+0.3+1.1-0.8+3.0-2.7

+0.7+1.1-0.4+2.3-1.7

+0.5-0.9+1.4+1.4-0.9

+0.5+1.0-0.4-0.1+0.6

-0.3-0.5+0.2-0.0-0.3

+0.8+1.4-0.6+1.1-0.2

15d

+18.1+6.2+11.8+6.9+11.2

+10.8+7.1+3.7+6.5+4.3

+4.2+8.0-3.8+8.4-4.2

+43.5+11.2+32.2+23.5+20.0

UpDownMarket · Nifty Microcap 250Sector · Restaurants peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Restaurant Brands Asia (Burger King India) allotted 12.86 crore equity shares at INR 70 each (about INR 900 crore) and 8.57 crore warrants at INR 70 each (about INR 600 crore, 25% upfront) to promoter-linked entities via preferential issue. CCI approved in May 2026. Paid-up equity capital rose to INR 711.44 crore.

Likely market impact

Major dilution from preferential issue to promoter group. Warrants convertible within 18 months may add further dilution.